All You Need to Know About Personal Finance Fits on One Index Card
But when it comes to financial wisdom, you need a lot more words, right? Like thousands of them, preferably contained in one of those bright yellow "Dummies" books. You need words like "collateral," "yellow sheet" and "debenture." The kinds of words that would make a banker sit up and take notice.
He claims that he could have fit everything on a 3 x 5 card, but didn't have one handy.
As you might have expected, most of Pollack's advice was pretty simple: he focused on saving money, being careful about transactions where you have insufficient information, and avoiding fees. Then again, unless you want to spend all your time managing your investments, most of your money moves will focus on simplifying -- and clarifying -- where your money goes and what it does.
If you want to look at Pollack's card (and, perhaps, print it out!), here's his website.
Bruce Watson is DailyFinance's Savings editor. You can reach him by e-mail at email@example.com, or follow him on Twitter at @bruce1971.